McHenry, Tozer, Vitter, Warner and Waters Join NAFCU’s 2013 Congressional Caucus Lineup
WASHINGTON, DC (August 23, 2013) — The National Association of Federal Credit Unions (NAFCU) just announced Sens. David Vitter, R-La. and Mark Warner, D-Va., Reps. Patrick McHenry, R-N.C. and Maxine Waters, D-Calif., and Ted Tozer, president of Ginnie Mae have joined the growing list of distinguished speakers confirmed for the association’s Congressional Caucus, Sept. 8-11, at the Mayflower Renaissance Hotel in Washington, D.C.
Warner is the lead Democratic co-sponsor of S. 1217, the “Housing Finance Reform and Taxpayer Protection Act of 2013,” which he proposed with Sen. Bob Corker, R-Tenn. The bill focuses on government-sponsored enterprise reform, which is one of NAFCU’s main priorities for caucus this year. Warner serves on the Senate Banking Committee.
Vitter has fought hard against government agencies that bring about burdensome regulations on small businesses. He serves on the Senate Banking Committee and the Committee on Small Business and Entrepreneurship.
Waters is the cosponsor of H.R. 688, the “Credit Union Small Business Jobs Creation Act,” to increase the member business lending cap, and also of H.R. 719, the “Capital Access for Small Businesses and Jobs Act,” which would allow eligible federal credit unions to receive payments on uninsured, non-share capital accounts. She is the ranking member on the House Financial Services Committee.
McHenry has held hearings on the implementation of the Dodd-Frank Act and has been a lead advocate for congressional oversight of the Consumer Financial Protection Bureau (CFPB). He is a member of the House Committee on Government and Oversight Reform and the Financial Services Committee, where he serves as chairman of the Oversight and Investigations Subcommittee.
Tozer was named president of Ginnie Mae in February 2010. As president, he operates a multi-billion dollar corporation. Tozer oversees Ginnie Mae’s mortgage-backed securities program and enterprise-wide risk management initiatives including capital market activity. He brings with him more than 30 years of experience in the mortgage, banking and securities industries.
These congressional leaders join a host of prominent speakers scheduled for NAFCU’s Congressional Caucus, including Reps. Peter King, R-N.Y. and Patrick Murphy, D-Fla. King and Murphy are both members of the House Financial Services Committee.
The event is open to all credit unions. Visit www.nafcu.org/caucus/ to learn more and register.
For up-to-the minute information on the caucus, follow the #NAFCUCaucus hashtag on Twitter.
The National Association of Federal Credit Unions is the only national organization that focuses exclusively on federal issues affecting credit unions, representing its members before the federal government and the public.